Issues with benefit plans and pension payments arise both upon hiring an employee and when they leave the job. The laws of the state of Pennsylvania regulate how employers may distribute health and retirement plans; beneficiaries and recipients of such plans may file their claims under such laws.
Souderton employers also owe legal duties to those given pension programs. First, they are legally bound to provide the benefits that were promised under a set benefit plan. Sometimes benefits are paid directly by the employer, while other instances of benefits require voluntary contributions from the worker. Also note that there can be a required minimum amount of time spent working for the employer in order for the employee to receive benefits.
What Employee Benefits are Protected by Pennsylvania law?
Under Pennsylvania law, employers who provide employees with medical plans owe them certain legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they look for new work.
Regarding pension programs, Souderton employers owe their workers certain legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Secondly, under a matched contribution plan, the employer must bear the risk of any investments that are made on behalf of employees.
How can a Souderton, Pennsylvania Pension and Benefits Attorney Help?
Souderton, Pennsylvania attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.